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Chemical maker Elementis first-half profit falls

Tue, 30th Jul 2013 06:21

July 30 (Reuters) - Specialty chemical maker Elementis Plc reported a 10 percent fall in pretax profit for thefirst half, hurt by maintenance shutdown at its chromiumdivision.

Pretax profit fell to $67.5 million for six months endedJune 30 from $75.1 million a year earlier. Revenue fell 3percent to $388.2 million

Analyst on average expected the company to report pretaxprofit of $70.1 million and revenue of $412.9 million, accordingto Thomson Reuters I/B/E/S.

Elementis

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